China Taps Myanmar for Energy

5/12/2013 10:25PM

China’s $2.5 billion pipeline project in Myanmar is scheduled to be completed this month. The WSJ’s Jacob Pedersen tells us about his travels in Myanmar and how the people there feel about China’s quest for energy.

This transcript has been automatically generated and may not be 100% accurate.

... the the ... that is near completing the construction of two mass of pipelines and North Eastern me and my ... that will ... oil and gas into China I'm Deborah con joining me now is reporter ... Jacob Peterson from Singapore ... to give you recently returned to come out from the area ... which is the high lands of me and I went in that area like just how and how that it is it ... oh dear did they are so I'd go from ... from Angela and ... essentially in law of two wars the ants was the Chinese border ... this is all a mountainous areas the high lands goods orders and that ... they can to see the ... magnitude of watching that ... I'm ... Lisa pipelines is coming to ... come to the ... goofball and the religious ... group was ordered ... a K and Unilever the candidate is now and it doesn't look like Adam caught me a lot of farmland and and countryside and ... although you know I'm sure there are ... a few villages in the region to get a chance to talk to any villagers and what are their reactions to this massive project ... I did I mean is for Sophia Bush put some farmers who ... lost land one fallen last summer was ousted his budget ... one photo of him ... standing and expect spot where is the ... White House that that has stood in the office he was very a ... very happy ... you told me now is ... how his wife ... it burst into tears finance move out of ... the house ... but then again he said the day of the Chinese the good conversation ... honestly and he did not earn ... enough money ... in cash to ... buy a new house ... so ... and also spoke with ... Dan and I was in a say in an as of the world descends on me and MAR for investment opportunities China's been in there for ... I'm quite some time now ... is there any indication and would meet with the people you spoke to ... any indication of whether or not they are in the mean come from this big project at Athleta financially ... well that's a good The was good question and many of the locals they seem to ... do nothing so ... and that is is ... this been one of the protests the from from locals them ... the reason that the Chinese silver increased social spending the toenail us to the delay in posts fifteen million dollars ... to build a ... forty five new schools and nothing twenty five to health clinics ... and no one knows he's a loan of Ally's mom is one of the school's them ... in a tiny tiny village ... at and outside school this is the can be ... a large banner ... saying that CNPC so that that that the Chinese the Chinese ... state-owned and energy company ... so ... Adam is but one that teaches its innocuous is you know the very ... very happy this ... includes the Chinese come the summer Chinese up ... on trying to make things ... the ... ok and I'm sick of how import it is in this area as strategically to time as ... I'm given and the country's insatiable appetite for energy ... I mean does that does a very important budget ... I'm in ... and it allows China to ... us with with those in the nation's farmers ... most of the ordinary and told to go through the Strait of Malacca just outside the ... US of a window ... and and ... and ... this will allow them to ... sue ... should the viola becomes more and Middle East ... should put ... into ... it to me and MAR and then ... on the boom ... in business for the spot fines of two of you none of them split them into ... a big refinery together with ... Saudi Aramco ... and if it also fits into a ... so a lot to lodge in the Chinese to build ... in recent years to build pipelines from ... Russia to the other ... cousins ... and siblings and so ... the really am ... it's quite impressive the the left the building ... and cake thanks AmEx taken Peterson training us from Singapore for more on that star